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Michael Lewis on the King of Human Error | Business | Vanity Fair - 0 views

  • Kahneman has a phrase to describe what they did: “Ironic research.”
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    The book was originally titled Thinking About Thinking. Just arriving in bookstores from Farrar, Straus and Giroux, it's now called Thinking, Fast and Slow. It's wonderful, of course. To anyone with the slightest interest in the workings of his own mind it is so rich and fascinating that any summary of it would seem absurd. Kahneman walks the lay reader (i.e., me) through the research of the past few decades that has described, as it has never been described before, what appear to be permanent kinks in human reason. The story he tells has two characters-he names them "System 1" and "System 2"-that stand in for our two different mental operations. System 1 (fast thinking) is the mental state in which you probably drive a car or buy groceries. It relies heavily on intuition and is amazingly capable of misleading and also of being misled. The slow-thinking System 2 is the mental state that understands how System 1 might be misled and steps in to try to prevent it from happening. The most important quality of System 2 is that it is lazy; the most important quality of System 1 is that it can't be turned off. We pass through this life on the receiving end of a steady signal of partially reliable information that we only occasionally, and under duress, evaluate thoroughly. Through these two characters the author describes the mistakes your mind is prone to make and then explores the reasons for its errors.
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Collaborative fixation: Effects of others' ideas on brainstorming - Kohn - 2010 - Appli... - 0 views

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    Three experiments examined whether or not fixation effects occur in brainstorming as a function of receiving ideas from others. Exchanging ideas in a group reduced the number of domains of ideas that were explored by participants. Additionally, ideas given by brainstormers conformed to ideas suggested by other participants. Temporal analyses showed how the quantity, variety and novelty of ideas fluctuate over the course of a brainstorming session. Taking a break modulated the natural decline over time in the quantity and variety of ideas. Although fixation was observed in brainstorming in terms of conformity and restriction of the breadth of ideas, it did not influence the number of ideas generated in these experiments.
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    When consumers fall behind on their payments, it can be expected that they will start to receive collection calls, regardless of the size of the debt. These calls can make a consumer's life miserable.
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YouTube - Explorations of the Mind: Well-Being - 0 views

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    Daniel Kahneman is an internationally renowned psychologist whose work spans cognitive psychology, behavioral economics, and the science of well-being. In recognition of his groundbreaking work on human judgment and decision-making, Kahneman received the 2002 Nobel Prize. In this program he explores
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Social Iciness Is Found to Alter Perception of Temperature - NYTimes.com - 0 views

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    For every congenial character who can warm a room, there's another who can bring a draft from the north, a whiff of dead winter. And even if the thermometer doesn't register the difference, people do: social iciness feels so cold to those on the receiving end that they will crave a hot drink, a new study has found.
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Study finds 'magic mushrooms' may improve personality long-term | The Raw Story - 0 views

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    A new study suggests that a single dose of psilocybin -- the active ingredient in "Magic Mushrooms" -- can result in improved personality traits over the long term. Researchers at the Johns Hopkins University School of Medicine found that individuals who received the drug once in a clinical setting reported a greater sense of "openness" that often lasted 14 months or longer, according to study published this week in the Journal of Psychopharmacology. The study defined openness as a personality trait that "encompasses aesthetic appreciation and sensitivity, imagination and fantasy, and broad-minded tolerance of others' viewpoints and values." It is one of five main personality traits that are shared among all cultures worldwide. Of the 51 participants, 30 had personality changes that left them feeling more open. Other personality traits (extroversion, neuroticism, agreeableness and conscientiousness) were not impacted. Only the participants who said they had a "complete mystical experience" while on the drug registered an increased sense of openness. "The mystical experience has certain qualities," lead author Katherine MacLean said. "The primary one is that you feel a certain kind of connectedness and unity with everything and everyone." Because personality traits are generally considered to remain stable throughout a persons lifetime, researchers are excited about therapeutic implications of the study. "[T]his study shows that psilocybin actually changes one domain of personality that is strongly related to traits such as imagination, feeling, abstract ideas and aesthetics, and is considered a core construct underlying creativity in general," study author Roland R. Griffiths told USA Today. "And the changes we see appear to be long-term."     
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    The communication may take the form of a direct message conveyed psychically by one friend to the other, a message sent through a medium, or even an intuition or conviction by one friend that the other is dead. Christie-Murray keeps a register of everyone taking part in the scheme and will investigate any messages that are received.
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Connection to your future self impacts your financial decision-making | KurzweilAI - 0 views

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    How connected consumers feel (or don't feel) to their future selves impacts their spending and savings decisions, researchers at Columbia Business School and The University of Chicago Booth School of Business have determined. The researchers conducted a series of experiments that manipulated the degree to which subjects felt connected to their future selves. When discontinuity with the future self is anticipated, people behave more impatiently - speeding up the consumption of utility (in this case, gift cards) - more than when connectedness to the future self is expected. The researchers asked a group of college seniors - three weeks before graduation - to read a passage that described college graduation either as an event that would prompt a major change in their identities or as an event that would prompt only a relatively trivial change. Compared to students who read the passage describing graduation as a small change, those who read a description of the event as a major change were much more likely to make more impatient choices, choosing to receive a gift certificate worth $120 in the next week rather than wait a year for up to $240. Their work suggests that people can be motivated to hold onto their money, or make more prudent decisions by increasing their sense of connectedness to their future selves, the researchers said. Ref.: Daniel M. Bartels & Oleg Urminsky, On Intertemporal Selfishness: How the Perceived Instability of Identity Underlies Impatient Consumption, Journal of Consumer Research, 2011; [DOI: 10.1086/658339]
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Buy Google Verified Reviews - - 0 views

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    Buy Google Verified Reviews Introduction In essence, Google Verified Reviews are a mechanism for Google to confirm that the reviews that show up on a search results page are legitimate and not spam. Google accomplishes this by confirming the reviewer's identification and the fact that they actually have an account with the company they are evaluating. This verification procedure is intended to help raise the caliber of reviews that show up on Google and assist companies in gaining the trust of prospective clients. Buy Google Verified Reviews What Are Google Verified Reviews? In essence, Google Verified Reviews are a mechanism for Google to confirm that the reviews that show up on a search results page are legitimate and not spam. Google accomplishes this by confirming the reviewer's identification and the fact that they actually have an account with the company they are evaluating. This verification procedure is intended to help raise the caliber of reviews that show up on Google and assist companies in gaining the trust of prospective clients. Buy Google Verified Reviews Customers who see Google Verified Reviews can be sure that the testimonials are from actual clients and not from fictitious accounts. This can increase a company's prospects of gaining more business by fostering trust with potential clients. You may grow your business and establish credibility by using Google Verified Reviews. with prospective clients. To get your clients to leave Google Verified Reviews for your company, follow the above instructions. Why Google Verified Customer Reviews Are Important? Customer reviews are significant, as you are aware as a business owner. After all, one of the key ways that prospective clients find out about your organization is through customer reviews. Also, in today's digital environment, the majority of prospective clients will conduct a fast Google search to read your customer reviews before choosing to do business with you. Buy Google Verified Re
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